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Is FP Markets suitable for scalping ?
Member Since Feb 24, 2020
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Member Since Nov 16, 2020
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Member Since Feb 25, 2020
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Member Since Dec 16, 2020
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Mar 31, 2021 at 17:19
Member Since Dec 16, 2020
5 posts
Won't pretend to be an expert because I'm new to both forex and this platform. My vested interest in your topic comes from the fact that the person who got me interested in forex is a heavy supporter of scalping. And as per him, low spreads are the key to turning a profit while scalping. Judging by the list of brokers on this site, FP markers seems fine and a few others too. Now idk weather one should select one of these or go a more established brand like XM or pepperstone.
Member Since Apr 03, 2021
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Member Since Mar 17, 2021
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Aug 16, 2022 at 11:32
Member Since Jul 04, 2022
29 posts
I currently scalp using FP Markets ECN account, the spreads are tighter starting from 0.0 pips in most major pairs, especially in EURUSD. The spreads are stable even during volatile market conditions. The commission cost per round lot is only $6 with an execution speed of 80 ms, which is faster than my previous brokers.
Sep 02, 2022 at 11:09
Member Since May 31, 2021
56 posts
Yes, I have been scalping with it for 2 years and its trading conditions have been remarkable without any issues. The spreads average around 0.0-0.2 pips in EURUSD and other major pairs.
The commission cost per round lot is only $6, which is lower when compared to most famous brokers such as ICM and Pepperstone.
The commission cost per round lot is only $6, which is lower when compared to most famous brokers such as ICM and Pepperstone.
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